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Comments

Finance

Some countries impose high taxes as they want to redistribute income among citizens.

Lisa P

The people have pointed America’s next President of the United States. “Change” is what the U.S. has chosen by electing Barack Obama. There is no doubt that change is in store for us. Whether this change is for the better or for the worse is yet to be seen. It’s obvious that Americans believe Obama will bring a positive change to our country. He spoke promising words to restore confidence in the hearts of the unsure with plans to lower taxes for the middle class, put a timeline on the war in Iraq, and cut the federal budget “line by line.” However, what many Americans fail to realize is the fact that Obama also supports the elimination of payday lending industries. He thinks demolishing the payday loan industry will protect low-income families from being victimized by predatory lenders. However, this will be a threat to our financial freedom. Maybe Obama will bring positive change to the United States, but taking away one of the most reliable resource many people have come to depend on during financial fallbacks is not only a risk to our rights to financial freedom, but it is clearly NOT a great start to create the positive change we all desperately need.
Click to read more on Payday Loans

Payday Loan Advocate

The people have pointed America’s next President of the United States. “Change” is what the U.S. has chosen by electing Barack Obama. There is no doubt that change is in store for us. Whether this change is for the better or for the worse is yet to be seen. It’s obvious that Americans believe Obama will bring a positive change to our country. He spoke promising words to restore confidence in the hearts of the unsure with plans to lower taxes for the middle class, put a timeline on the war in Iraq, and cut the federal budget “line by line.” However, what many Americans fail to realize is the fact that Obama also supports the elimination of payday lending industries. He thinks demolishing the payday loan industry will protect low-income families from being victimized by predatory lenders. However, this will be a threat to our financial freedom. Maybe Obama will bring positive change to the United States, but taking away one of the most reliable resource many people have come to depend on during financial fallbacks is not only a risk to our rights to financial freedom, but it is clearly NOT a great start to create the positive change we all desperately need.
Click to read more on Payday Loans

English Major

Where does a country's quality-of-life standard enter the calculations?

S. Carvalho

Hey I grew up in the UAE! 85% of their population is non-citizens, so taking care of 15% of your population with all that oil/trade money is pretty easy. As for the rest of the population, especially the huge numbers of labourers, construction workers and housemaids, the misery index is way off the charts.

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